New Tim Hortons on Union Square closed for renovations; is TGI Friday's far behind?

Tim Hortons opened in the former Zen Palate space on Union Square East back in early January... oddly enough, plywood has now gone up around the buidling at 16th Street...






Does this mean the the long-rumored TGI Friday's will soon share this space?

Thanks to EV Grieve reader Kim for the tip...